15 Charlotte StBinghamton, NY 13905

For Sale
$449,000

Nightclub, Apartments, Development Potential

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional Binghamton, NY property offers a unique blend of commercial and residential opportunities. The 4,860 square-foot building, constructed in 1960, currently houses a fully equipped bar/nightclub with a strong historical presence and proven profitability. The sale includes the adjacent lot, ripe for development into six new two-bedroom residential units. Upstairs, two attractive apartments generate additional rental income. The property is being sold as-is, with all three units currently vacant, presenting a blank canvas for a new owner. The asking price is $449,000, translating to $92.39 per square foot. This mixed-use investment presents a compelling opportunity for both seasoned developers and entrepreneurs seeking a turnkey business venture with significant upside potential through rental income and potential redevelopment of the adjacent lot. The property's location in Binghamton, NY, and its existing infrastructure, including a dedicated parking lot, further enhance its appeal. The bar/nightclub is ready for immediate operation, requiring only a New York State Liquor License. This is a rare chance to acquire a well-established business with substantial expansion possibilities.

Highlights

  • 4,860 SF mixed-use building in Binghamton, NY, including a fully equipped bar/nightclub with strong historical profitability.
  • Adjacent lot suitable for six new two-bedroom residential units.
  • Two existing apartments generate rental income.
  • Property sold as-is, with all three units vacant.
  • Asking price: $449,000 ($92.39/SF).

Property Details for 15 Charlotte St

Property type
Other retail properties, Restaurants
Square Feet
4,860 SF
Year Built
1960

Location Insight

City
Binghamton
County
Broome
State
New York
Latitude
42.1049256
Longitude
-75.9313036
15 Charlotte St, Binghamton, New York

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15 Charlotte St
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